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Today’s Mortgage Rates at Bank of America, Wells Fargo, and SunTrust on 28 July 2014

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Today’s Mortgage Rates at Bank of America, Wells Fargo, and SunTrust on 28 July 2014

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Overall pending home sales dipped 1.1% to a relatively new reading of 102.7 in the month of June, ending a three-month period of gains. In comparison to the figures recorded a year earlier, pending home loan sales have decreased by 7.3% last month.

Bank of America

Qualified mortgage shoppers who are planning on acquiring the 30 year fixed rate mortgage deals will have to pay an interest price of 4.125% and agree to an annual percentage rate of 4.284%. The 15 year fixed rate mortgage home loan packages are now advertised at an interest rate of 4.000% and are accompanied by an annual return rate of 4.211% today. 5 year adjustable rate mortgage deals start at an interest rate of 3.375% and an annual percentage yield of 3.568%.

The 30 year fixed rate mortgage loan options are now coming out at an interest cost of 4.250% and an annual return rate of 4.367% today. 15 year refinancing fixed rate mortgage home loan plans can be seen sitting next to an interest rate of 4.125% and carrying an annual percentage rate of 4.298% this Monday. When it comes to adjustable rate mortgage packages, home borrowers can find the 5 year refinancing variable home loan deals being traded at an interest rate of 3.500% and backed by an annual return rate of 3.671%.

Wells Fargo

The benchmark 30 year fixed rate mortgage home loan deals can now be seen traded at the same interest rate of 4.375% and an annual percentage rate of 4.629% on July 28, 2014. The relatively shorter 15 year fixed rate mortgage home loan plans can now be seen traded at an interest rate of 3.625% and an annual percentage rate of 3.908% today.

 

In the refinancing home loan category, the bank highlights its popular 30 year fixed rate mortgage loans being traded at an interest rate of 4.250% and backed by an annual percentage yield of 4.335% today. 15 year fixed rate mortgage home loan deals are coming out at an interest price of 3.500% and an annual return rate of 3.647%.

SunTrust

The 30 year fixed rate mortgage home loan deals are coming out at an interest rate of 4.375% and an annual percentage rate of 4.4853% on July 28, 2014. The 15 year fixed rate mortgage home loan deals can be seen published against an interest rate of 3.300% and an APR yield of 3.5109%.

In the adjustable rate home loan arena, the 5 year adjustable rate mortgage options can be seen traded at a starting interest rate of 3.200% and an APR yield of 3.0908% this Monday. The more flexible 7 year adjustable rate mortgage home loan schemes can now be locked in at an interest price of 3.750% and an APR yield of 3.3954%.

Disclaimer: The rates quoted above are basically the average advertised by a particular lending company. No guarantee of taken from the lender’ aspect whether the borrower will qualify for the mortgage rates mentioned in the article. The lenders dole out interest depending upon various facets, some of which may be unique to the borrower. This website does not engage in the sale or promotion of financial products and makes no claims as to the accuracy of the quotation of interest rates.

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Stephany Morgan covers business and finance related news.

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